IHT vs VFF: Correlation
Measured on weekly returns over the past three years, InnSuites Hospitality Trust Shares of Beneficial Interest (IHT) and Village Farms International, Inc. (VFF) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IHT and VFF?
On 3 years of weekly data the IHT/VFF correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.07 versus -0.23 over 3 years. The 5-year figure is -0.07, and annualized covariance runs at -999.1 %².
Among the 20 assets we track against IHT, VFF sits near the bottom by co-movement, at rank #17. Correlation aside, the last 12 months split them widely, with VFF ahead by 28.2 points (-33.8% versus -5.6%).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
IHT vs VFF: side by side
| IHT (InnSuites Hospitality Trust Shares of Beneficial Interest) | VFF (Village Farms International, Inc.) | |
|---|---|---|
| 1-year return | -33.8% | -5.6% |
| 5-year return | -63.6% | -69.7% |
| Volatility (ann.) | 55.0% | 78.2% |
| Beta vs S&P 500 | 0.07 | 1.61 |
| Max drawdown (3Y) | -69.6% | -68.6% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | 15.9 |
| Dividend yield | 1.44% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IHT | VFF |
|---|---|---|
| 2022 | -22.9% | -79.1% |
| 2023 | +2.3% | -43.2% |
| 2024 | +29.5% | +1.3% |
| 2025 | -37.4% | +373.4% |
| 2026 | -3.6% | -21.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IHT and VFF good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between IHT and VFF?
The IHT/VFF correlation stands at -0.23 on a 3-year window (1 year: -0.07, 5 years: -0.07), computed from weekly returns as of 2026-08-27.
Is VFF a good diversifier for IHT?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 mean?
A reading of -0.23 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: IHT correlations · VFF correlations
